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Oct 5, 2012 9:00am EDT
before election day. welco welcome to "squawk on the street," futures reacting to the data, of course. 114,000, roughly in line, positive revisions to july and august. europe has plenty to react to, and angela earning innel saying she will visit greece next week. >> our road map starts off with the stunner. the jobless rate falling to a 44-month low falling below 8% for the first time since january '09? does this give the president the edge he might have lost in this week's debate? >> zynga's weaker player demand on farmville 2. shares of facebook feeling pain on that warning, as well. >> it is the one-year anniversary of the death of steve jobs. tim cook paying tribute to jobs on the company website saying the greatest gift jobs gave to the world is apple. >> added last month, but the big surprise is that unemployment rate falling to 7.8, dropping below 8% for the first time in three years. you six, unchanged? i think at 14.7, but the timing so critical ahead of the election has people not trusting the data. >> i trust in the data. i've trusted in the data for years. i don't think it
Oct 8, 2012 9:00am EDT
this weekend. >> yeah, six more years. >> very transparent. >> tough election. i hope they let the opponent live. and i just keep seeing oil coming down also off of a glut here. it is supposed to be the commodity that was supposed to go up the most after q.e. and it has gone up the least. been terrible. >> crude down 2.5% last week alone, incredible fall. let's get to bob pisani on the floor with what's moving on a monday morning. >> happy monday. i was listening with great interest to your discussion on earnings. the only thing that matters right now on the street, the only thing anybody's talking about is whether this is the tough for earnings and i know about q3 is negative by a few percentage points. try to look at it a little bigger at this point. the question is whether or not we're going to see any kind of modest expansion in 2013 or whether there's going to be dramatically continued contraction. if you're in the expansion camp, you want financials, energy, materials. in the contraction camp, you're generally on the defensive side. the trade everybody's been talking about, jim you al
Oct 9, 2012 9:00am EDT
is gearing up for a new round of elections. so she can't go back to her electorate and ask for more money for greece. so her only hope is for greece to carry through with the reforms and for greece to actually be able to exit this crisis. simon? >> the finance by the german taxpayers, we should make that clear, carolyn, we are seeing the pictures there as police continue to move protesters back. can you give us an idea how far away angela merkel is from where you are at the moment and the types of red lines of security forces and the no-go areas in order to keep merkel and samara safe. >> reporter: well, merkel and some of us are a half month away from here. it is walking distance but they are in safety here. and i do want to point out that the police, yes, they have put in this red zone, this no-go zone, but again the two major unions, the public and private sector unions already had rallies approved before this red zone was actually implemented. so they were able to come into the square, into this red zone and protest. and it will probably follow other protesters. so it is very hard to
Oct 4, 2012 9:00am EDT
the debate, we saw that dropping in terms of chances for obama to be re-elected. i'm wondering, do you buy into the notion that perhaps stock futures are up this morning because it is perceived that romney did well in this debate? >> stock futures were up 7 1/2, at the top of the debate when it looked like he was really winning. at 4:00 a.m., they went back to 3 1/2. then spain did a fairly reasonable auction. >> auction, yeah. >> ecb. this debate had people transfixed for at least 27 to 35 minutes. in the stock market. then we were to, as always, which will spain survive? >> as we said, tomorrow the data continues. we'll get a jobs number. earnings on tuesday with alcoa. the media loves a comeback. that's what they'll spit out today. things could be very different in 24 hours. >> and you did a great job, i'd have to tell you, that the horse race element of it has always intrigued me as someone in media, but if i were a betting person and there was a stock obama is supposed to in trade, then i would say, look. i'm not buying puts. >> you'd be neutral. you'd have a neutral rating? a market
Oct 2, 2012 9:00am EDT
issues in terms of the request from spain to october 21st is when there are regional elections and sometimes probably after that there will be a request from spain for some sort of a bailout. >> i always find the way the market looks at these things is rather extraordinary. you have the most important banks and what's happening is it's saying, look, we welcome it and the stock goes higher. bbva, another player, when you have bailouts, the stock is supposed to go lower. think about our country when bank of america decided to take the money. then they had to go to an equity law firm. this is encouraging to me. i would think this actual bailout is one that says, we are now past, the pig is much further along. you don't want a python swallowing a pig, but it's going to follow it when it is finished. >> words to live by, jim. words to live by. >> i think about that often, actually. >> we just listened to an incredible hour of television on "squawk box" with zell talking about what he's seen in the economy, talking more about corporate i.t. upgrade cycles. here's what zell said not t
Oct 3, 2012 9:00am EDT
st, after the elections. i think that's generally the market's consensus. anything before then would be a surprise. however, considering the spain has to make, i think they will wait until october 21st. >> willy, thank you. >> thank you. >> for more currency trades, catch "money in motion" on cnbc at 5:30 p.m. and go to currency class. >> the euro will bounce substantially on that. >> i would agree with him in terms of the trader perspective in believing that it's a key date. >> it's a huge event risk. >> we'll see. >>> ipad mini rumors beginning in ash na. >> first, before david faber talks to kyle bass, at the economic summit in texas, someone who knows how important debates can be, texas governor and former gop candidate rick perry will join us on cnbc. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tom
Search Results 0 to 5 of about 6